Thursday, April 25, 2013

Technical Analysis Apr 2013: SUPERMX (7106)

SUPERMAX CORPORATION BERHAD

Observation From Chart:-

SUPERMAX succeed break through descending triangle.

How high will it go?

Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K trigger BUY call, pending confirmation.

If able break through RM2.14 level, higher high been formed.

Immediate support @ RM2.00 which is MA200 / MA20 level.
Subsequent support @ RM1.95 which is MA100 level.


Let's watch closely

1 comment:

  1. This is a site to view volume and stochastic stockchart analysis. This site provides leading technical indicator analysis and provides a great stock screener.

    ReplyDelete